Author
Author

Yung Dang

Assistant Asset Manager

Yung Dang

In her role as Assistant Asset Manager at TFG Asset management, Yung is responsible for conducting feasibility studies for new hotel projects and producing market performance as well as financial reports analysis. Her reports provide consultancy, daily decisions support and interactions with the company’s main management companies such as Auris Hotel Group, Wyndham Hotel Group, Millennium Hotel Group, Regus International. In addition, Yung is also involved in hotel operator selection process and negotiation rounds for management contract, lease and franchise agreements. More on the research side, Yung leads the Research initiatives in producing high quality studies. Yung holds a Bachelor’s degree from Ecole hôtelière de Lausanne (EHL) in Lausanne, Switzerland since 2014, majoring in International Hospitality and Entrepreneurship. Being an initiator, she led her team in various competitions and challenges such as Prix du Jeune Entrepreneur (PJE), Branding strategy challenge assigned by Ascott Limited where her team received the highest score. During her time at the university, she has also had her work published at the International Conference ENTER 2015 in Lugano, in a book titled Information and Communication Technologies.

Insights by Yung Dang (6)

Hotel Asset Management Guide: The Budget Process

The fourth quarter of every year is undoubtedly the busiest time of the year for all hotel stakeholders including operators, owners, and asset managers. The concerned parties will review, analyze and approve budgets for the following year.

Hotel Asset Management: Acquisition Process and Strategies

Whether it is the acquisition of an existing hotel property or new land, the process remains equally complex and requires extensive due diligence. The potential owner must conduct his or her own valuation and market studies to decide whether an opportunity is of interest.

A shift in the “all day” dining concept

Almost every hotel management company brand has specific guidelines regarding the design of all-day dining concepts. Usually, the size of the all-day dining outlet is proportionate to the number of rooms; therefore, a hotel with a greater number of keys will have a larger all-day dining area.

Hotel Asset Management Guide: Some Hotel Asset Management Best Practices

The role of the appointed asset manager is undeniably valuable for owners' whose properties are under the operation of a management company. The asset manager acts on behalf of the owners' interests with a core objective to optimize value and.

Changing the definition of luxury

How is the concept of "luxury" perceived and what hotel brands come to mind when you hear the word "luxury"? The word carries a sense of prestige and exclusivity that only selected brands can fulfill.
Load More
Advertisements